The GDP is what it is ,,, A=A ,, however the dollars value is plunging , the real cost of goods is increasing and the inflation we are seeing in our everyday lives is NOT being factored into the “dollar value of goods and services” for GDP calculations. These “green shoots” are weeds. Imported goods prices are increasing as is food,, it’s undeniable,, most Chinese items are either down 25-33% in quantity for a given price or higher in price.
P.S. The stock markets rise is the best indicator of the dollars value.. There is no good news or real expectations of recovery or increased profits to drive stock prices ... it’s merely an adjustment for the dollars new (lower) value. Dollar down=more dollars to equal the same percentage ownership of stock XXX.
Did anyone investigate the story about a possible and illegal front-company financed by the Federal Reserve to rig the stock market?